If you are experiencing financial distress, Chapter 7 Bankruptcy may be the right option for you. Harassing phone calls, crippling wage garnishments, job loss and sinking credit scores are some reasons why bankruptcy may be your best course of action. With all of the instability and stress experienced by everyday people, bankruptcy is no longer a dirty word. Often times it is the best first step on the road to financial recovery. Of course, in many situations bankruptcy is not the best option. Only a qualified attorney can advise you on the pros and cons of bankruptcy. If you choose me to handle your case, I will not hesitate to advise you on what I believe to be your best option. I will personally be with you every step of the way, from preparing your petition, appearing with you at the mandatory creditor meeting, and negotiating with your creditors. Some of the benefits of bankruptcy are described below:

STOP CREDITORS! Immediately upon filing a bankruptcy petition, an automatic stay takes effect. This two word legal phrase carries tremendous power to give you immediate relief. It requires all collection activity to stop. This means no more collection calls, no more wage garnishments, and no more bank account seizures.

PROTECT YOUR ASSETS! The majority of consumer bankruptcy debtors do not lose any of their property. This is due to the allowance of property exemptions. As your attorney, I will help you best utilize the exemption laws to maximize the assets that you can protect in bankruptcy. I can also assist you in negotiating with your secured creditors (i.e. mortgage lenders, car lenders) for retaining property that may be subject to a mortgage or a lien. 

FRESH START! The ultimate benefit of the Chapter 7 bankruptcy is the discharge. This means that at the conclusion of the case, all eligible debts are wiped clean. While there are some debts that are not discharged, the following are examples of the some of the types of debt which will be eliminated: credit card debt, medical bills, deficiencies following a foreclosure or repossession, and personal loans. Contrary to belief, bankruptcy does not spell the end of your ability to purchase a home or vehicle. You can begin to repair your credit immediately and re-establish your ability to obtain credit within a few years of your discharge.